• DJ Putler@lemmy.ml
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    11 hours ago

    Sigh, still on the Julian Assange-level shit. Someone tell them about the Silk Road? Whatever, if payment somehow doesn’t go through, they have the guns.

  • Paragone@lemmy.world
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    12 hours ago

    Then they are IDIOTS at understanding crypto.

    Bitcoin is the ecologically-costliest/electricity-costliest/machine-costliest cryptocoin to standardize on: it’s nearly used-up.

    They’d have been much saner to have standardized on some other crypto.

    I’d prefer that Algorand-type ones were standard, but they can be attacked by country-level attackers.

    For anybody who wants outside-the-hype-bubble view of what crypto is, & how its ecology works, PLEASE read https://www.kobo.com/us/en/ebook/attack-of-the-50-foot-blockchain-bitcoin-blockchain-ethereum-smart-contracts

    The reason that Steampowered stopped taking crypto, is plain, in that book.

    _ /\ _

    ( PS: I’d enforce that there be an Algorand-type crypto for recording accounting-records with, country-wide, so that books couldn’t be “cooked” between closout-of-the-books & reporting. & I’d want to make daily closeout normal, if possible. Cisco did that, years ago, so it is possible, but some will scream against such economic-integrity measures, of course… )